Cash game, third position and look down to: J♦J♣.

Woohoo. Raise it up to five times the blind. Guy one off the button minimum raises. I call. Then

Flop: J♥, 3♣ A♥

I bet about the size of the pot. He goes all in. I call:

Turn: 8♦

River: 8♥

He had aces. Blech.

Neteller founder pleads guilty to, err, not quite sure what:

The co-founder of NeTELLER pleaded guilty today to a charge of criminal conspiracy.

Stephen Lawrence admitted in court today that the operation illegally helped Americans place bets online, “I came to understand that providing payment services to online gambling Web sites serving customers in the United States was wrong.”

Neteller is a means of transferring funds online, rather like paypal.

Noted Poker Authority Ed Miller is giving some away. Go leave a comment, if you want a shot at one.

We had the discussion a bit back. Now, Harvard wants to study it:

By making the case for poker as a skill, aficionados hope to roll back the law, and even win the game newfound freedoms in states where wagering on poker is currently banned.

Noted Poker Authority Ed Miller issues a warning that the IRS may target online gamblers for audits.

And since the Gun Blogger Rendezvous is in Reno.

I gamble. Not a lot but often enough. I enjoy it and I only play with an amount of money I am willing to lose. If I engage in a game, all the money I take to the table I consider already spent. Never gamble more than you’re willing to lose. I’m not encouraging you to gamble and assume no responsibility if you lose money. Now, with those lame disclaimers out of the way, here’s Uncle’s brief intro to gambling.

The way you win is to stake money when the odds are in your favor. And that doesn’t happen often or, with many games, at all. And staking money when the odds are in your favor consistently over time. The classic example is in poker and you have a flush draw with two cards to come. If you hit your draw you will win. In the pot, there is $100. Assume your opponent will do one of two things: (longish post, you’ve been warned.)

Read the rest of this entry »

Looks like Barney Frank will introduce a bill to repeal the ban on transfers of money to online gaming sites. More at The Politico. In other news, SayUncle agrees with a Democrat from Massachusetts.

Hard to tell. Radley has an email from a guy who was at a raid on a Dallas poker room. Seems the cops ninjaed up and took an A&E film crew to bust these miscreants who are a danger to society.

And, of course, the tapes that would confirm one guy’s story disappeared.

A new (to me) site Knoxpoker.com. A message board for strategy, tips, and local meet-ups.

In comments here, DrawingDead writes:

There appears to be some dispute as to whether poker generally, and a home poker game specifically, is illegal in Tennessee. It’s certainly a valid question, especially for those of us who love to play, and have no ready access to a legal live game (absent driving or flying several hours for one). Given what I do for a living, I thought I’d put some of my training to use, and post this note here. While I don’t like the law, here’s what the statute on this says:

Certain portions not applicable to analysis have been omitted.

Tennessee Code Annotated § 39-17-501

“As used in this part, unless the context otherwise requires:

(1) Gambling is contrary to the public policy of this state and means risking anything of value for a profit whose return is to any degree contingent on chance, or any games of chance associated with casinos, including, but not limited to, slot machines, roulette wheels and the like.

. . .

(2) “Gambling bet” means anything of value risked in gambling;

(3) “Gambling device or record” means anything designed for use in gambling, intended for use in gambling, or used for gambling;

. . .

(6) “Profit” means anything of value in addition to the gambling bet.”

The statute goes on to note, in the specific comments of the Tennessee Sentencing Commission, more detail to the meaning of the statute’s language. Their interpretation seems pretty clear.

“This section contains the definitions for gambling offenses. The definitions are intentionally broader than those found in prior law. The commission intends to include any scheme by which value is risked upon a chance for greater value as a “gambling” offense. The definition of “gambling” includes lotteries, chain or pyramid clubs, numbers, pinball, poker or any as yet unnamed scheme where value is risked for profit.”

The Tennessee Courts have not often addressed the issue of poker as gambling within the meaning of the statutes on this point. Since 1899, there have only been four reported cases in which gambling on poker (not video poker machines, but actual live games) is considered. The statutes on permissible gambling have changed several times during the last hundred years or so.

The statute is more geared at preventing casinos and card rooms seeking to operate the games for a business. The primary punitive aspects of the law are geared toward operating a gambling enterprise. The law is truly designed to restrict these businesses from operating. The punishment for the players are only somewhat secondary, in my opinion.

In other words, the law really wants to prevent shady backroom casinos operating for a profit which, as you would all suspect, is due to the fact that none of these proceeds would be TAXED. Punishment for the players is just a deterrent trying to keep these folks away from the untaxed card games for fear of a fine and/or jail time.

Saying all of that, I’m not sure that local law enforcement is going to get that worked up about enforcing the law against a group of friends playing a weekly low stakes game. However, under a strict interpretation of the statute, the weekly home game for pennies and nickels would probably be illegal gambling.

So you all know, according to T.C.A. § 39-17-502, “ The offense of gambling is a Class C misdemeanor.

In other words, the “skill” versus “chance” distinction doesn’t mean much in Tennessee. As for my opinion, I believe that poker is largely a skill-based game. Certainly, there is a degree of chance, or pure gambling, involved.

However, I draw the distinction on this simple point. In a game like craps or roulette, the outcome of your bet (and whether you win or lose) is based SOLELY on the roll of the dice or the drop of the ball. In poker, you can win a hand based on your bets, with the worst hand if you are a skillful player. It’s hard to win a Pass Line bet on a bluff.

Thought I’d share it.

I’ve heard and used the phrase: I don’t gamble, I play poker. And there’s truth to it. But is the skill involved in poker enough to warrant a classification from game of chance to game of skill?

Apparently, there is some debate on that in the legal system in the UK.

Update: Some question on what is meant by poker. I mean card games (like Texas Hold-Em) and not video poker (which is 1 – obviously gambling and 2 – typically stacked against the player).

A summary of 122,031,244 poker hands ranked by expected value of the hand.

And Ed Miller has 6 Must-Have and Mostly Free Poker Tools You May Not Know About.

Via AC, comes this post on the online gambling ban:

Look, this has nothing to do with protecting the morality and sanctity of America. This is about greed and corporate power. Call it what it is. And, any conservative Congressman who supported this should examine his or her own ideology.

I think that I am most bothered by this issue because of its implications. For years now, the U.S. Government has been trying to get its greedy little paws all over Internet commerce. And, moves like this just evidence the government’s intent, even further.

Yes, it could be the opening salvo in the .gov getting its mitts on internet commerce. But, more importantly, it is a merely a protectionist racket likely paid for by brick and mortar casinos to protect their interests. Except horse-race betting, which is still legal because it’s gambling for the wealthy.

Oh dear:

FBI investigators have visited Second Life’s Internet casinos at the invitation of the virtual world’s creator Linden Lab, but the U.S. government has not decided on the legality of virtual gambling.

Via publicola.

Boy, that’s not shocking at all.

I ordered a book from Amazon that was published by Two Plus Two. They publish poker and gambling books. Anyway, I get the book which is unread. After page four, it skips to page 37. Later in the book, I find pages 22 – 36. But pages 5 – 21 aren’t there. I send an email to the feedback link at their site and ask if I could get the missing pages and if this was a common problem.

In a couple of hours, I get a response telling me to send them the front cover and they’ll send me a new book. Excellent customer service!

What is it with gun bloggers and poker?

Recent poker tourney at the final table with 6 players, I’m the short stack due to a bad beat two hands before. I’m the big blind, which is about a third of my stack. I have no choice but to take any two cards and go all in. In this situation, most of your opponents will call since putting you out is a priority at the final table. I get 9♠ 10♣. Last to act with three limpers, I go all in. Limpers call. Flop:

9♣ 9♥ 9♦

I quadruple up, now have the second biggest stack and take second in the tourney due to bad beat in the coin flip err heads up portion.

Repeal of online gaming ban sought:

Barney Frank, the Democratic chairman of the powerful House financial services committee, is working on legislation to repeal the sweeping ban that was passed in Congress last year against online gaming, he told the Financial Times in an interview.

Mr Frank called the ban, formally known as the Unlawful Enforcement Gambling Act, one of the “stupidest laws” ever passed and said he wanted to “repeal” the law.

Also, former NY Senator and poker player Al D’Amato has joined the Poker Players Alliance as chairman.

Late in a tourney, five players. I’m the big stack. I’m in late position. I get:

K♣Q♣

I raise it up to three times the big blind. Two callers. Flop:

2♣ 4♥ Q♦

A caller (the short stack – I have at least 20 times his stack) minimum raises. Though the small stack, he’s in no danger of being blinded out yet. Other player folds. Action to me and I think he has a good hand and figure we’re in a kicker war. I put him all in. He flips over 4♦ 2♦. I catch a queen on the river and win. He says: Nice suck out. I say Yeah, but I didn’t call a pre-flop raise with deuce four.

I did suck out. But, ferrchrissakes, who calls a raise with 4♦ 2♦? Even as a short stack, there are better hands to make a move with.

Poker hand from last night. Loose table. I’ve not hit a hand all night except the very first hand I played. I get absolutely nothing playable for an hour and a half. Creates the image that I am a much tighter player than I really am. I am a bit bored and decide it’s time to play a hand no matter what it is. I get:

5♥4♣

Crappy hand. I’m first to act. I raise it up to six times the big blind. Two callers and the button raises it to 12 times the big blind. It comes to me. I move my whole stack in the middle. The callers fold. The button thinks for a long time and says You’ve not played all night. You must have me beat. He folds and flips his cards over:

A♦K♦

Stupid play on my part, really. But it worked out. Remember kids: Don’t play poker when bored.

Pro Poker Player Daniel Negreanu on the number of poker players in the US:

What journalist hears a man say there are 70 million poker players in the U.S., and then tries to argue that by saying only 23 million people played online poker last year? Then goes on to basically insinuate that D’Amato is a liar. Mr. Kriedler, don’t you see the holes in your article? Did D’Amato say that 70 million people play online poker, or did you make a boo-boo? Which is it, because based on what you wrote, you come off though you really don’t have a clue what you are trying to say?

70 million! That’s a lot. There are an estimated 80-100m gun-owners, for reference. And politicos fear the NRA. Poker players would be dangerous to politicians if they managed to get organized. They cost one man his congressional seat in the last election cycle. Negreanu also notes:

Just like liquor, in other words. Well, drinking, gambling, you get the idea. Try to ban card games online, and they’ll only start playing poker in somebody’s living room late at night, buying their own chips or using makeshift materials like pretzels and M&Ms as token “money.” Where will the madness end?”

[...]

What Mr. Kreidler fails to understand is that online poker isn’t going anywhere. There will always be ways to fund online accounts, so while they can make it harder to play by putting pressure on companies like Neteller, they won’t put an end to online poker in this country. In fact, the bill that was passed doesn’t make playing poker on the internet illegal for the player.

Indeed. I have noticed that in my small hometown, many home games are cropping up since the ban.

So, first, any readers play poker? Secondly, ya’ll gonna bitch if I start blogging about it? The local bar has two free tournaments each week. I suck at tournaments and was much more adept to cash games until the Republicans decided that poker is a threat to national security. But, I still like to play and there was a game.

This hand bugged me. First hand of the night, no reads on anyone:

Eight handed, I’m in fifth position. Blinds are 25/50. Full stack of 4,000. My hand:

J♠ J♣

Sweet. Every body limps in. To me, the pot is 275 I raise 275. Jacks are good but they’re probably only good now. I don’t want over cards flopping. Dealer calls. Everyone else folds. The pot is now 550. I put dealer on either a smaller pocket pair or over cards.

Flop: 3♥2♦7♠

I figure I’m still the best hand. Bet 550 in case he’s on a draw. Called.

Turn. 4♥. I stick with my original feeling that he has a worse pocket pair. Bet 1,500. Called. Groan.

River: Forgot but it was a blank. It didn’t scare me. All-in.

He calls. Flips over 2♠ 3♣

Two pair. I, sarcastically, said: nice hand

Him: Thanks.

Me: I didn’t mean it.

Who calls a pot sized bet with 2♠ 3♣?

Two things: 1) I suck at tournaments and should have stopped betting after the flop. 2) Only in a tournament will someone call you with a 2♠ 3♣.

Thankfully, I got an additional 1,500 in chips for buying an adult beverage. I made quite a come back and placed 9th of roughly 30ish.

This hand bugged both because I played it badly after the river, over bet the flop, and because I was beaten by bad play.

Update: Too late, done added a poker category.

Seems a Tennessee Senator is wanting to liberalize our liquor laws and wants to allow gambling establishments. I’m all for it. There’s likely a lot of Tennessee dollars that go to casinos in Tunica and to the casino at Cherokee, NC.

Says Braisted:

Legalize it, regulate it, and tax it…the liberal philospy(sic) of life

Actually, I thought it was If you can’t tax it or ban it, fuck it up to the point where no one wants it anyway.

The US government has seized $55M from NETeller:

NETeller execs have announced that the U.S. government has seized “not more than $55 million” in U.S. funds and that those seizures will result in ongoing delays in repaying customers what they are owed.

While NETeller continues to make efforts to find a way to repay its U.S. customer base, there is no timetable for payment.

NETeller’s Ron Martin said, “The return of funds for our U.S. customers is a top priority for NETeller.”

This guy has withdrawn his money.

A while back, the US banned online gambling. Well, that’s not true. They banned banks from processing payments to and from sites that offer illegal gambling. Illegal gambling is undefined, of course. Excluded from the ban was horse racing and other gambling that rich people engage in but people like me who enjoy their $0.25/$0.50 no limit hold-em games are out of luck. Party Poker pulled from the US market and its stock price went from about $160 to less than $40 per share instantly. After the bill passed, yours truly pulled his money out of Party Poker.

The US Ban takes effect 270 days after the bill was signed. The bill was snuck into a larger port security bill under cover of darkness. The bill also cost the author of the bill his congressional seat. Seems people don’t re-elect dickheads. The bill is also why Bill Frist will not be our governor, count on it. Some poker sites fought on, like pokerstars and continue to allow US residents to play. Good for them but when the ban goes into effect, no US banks will transfer funds. Enter Neteller.

Neteller, which is not a bank, still offered money transfer services to gaming sites. Well, until this week because US agents arrested the founders of the site for . . . well, I’m not sure what for. The article states it’s for handling billions of dollars in illegal gambling proceeds. Well, that doesn’t exactly sound illegal if you take out the word illegal. And since illegal is undefined, I’m guessing it’s just bullying. Neteller has pulled itself from the US. This is devastating the online gambling industry:

According to gambling portal Gambling911.com, Full Tilt Poker depended on NETeller for 75 percent of transactions, and the world’s biggest site, Pokerstars, used NETeller for around 60 percent of wagers.

CJ has a details on how this affects your neteller account.

Another installment of vomit from my mind.

No, Mr. Spam Man, the number one rule of investing is Don’t buy stocks based on tips you get from spammers via email.

Fucking windows. No, not that kind but same to them. New house has a lot of windows. Blinds and window treatments cost a small fortune.

The wife wants to put up Christmas decorations this weekend. God help me. She’s cool with the rule and I told her any decorations not going out will go to the trash.

A particular company that processes data with whom I deal with regularly sends me so much mail that I cannot possibly read all of it. They charge fees per task. Each particular task results in a bill. They send me a bill, for example, for $4. They’re called statements, guys. Get with the 1990s.

To the annoyed lady in the Buick at the 4 way stop: Yes, I know it was my turn to go. You were impatient and angry with me as I did not go but instead motioned you go go. You see, you’re driving a Buick, which is nature’s way of warning other drivers that you’re a danger to them. That and the blue hair. So, I did realize it was my turn. I did not let you go first because I was nice; rather, I let you because I assumed you couldn’t drive.

Speaking of 4 way stops, let’s just dispatch with the real legal rule about right of way and incorporate the way it really is into law: shittiest car goes first.

Plasma TeeVees: Despite being thinner than regular TeeVees, they sure do seem to weigh a lot more. And, despite being thinner, the manufacturers put them in boxes about four times the size of the TeeVee.

Never, ever pull someone’s finger. No good can come of it.

I am no longer amazed by statistical improbability in poker games. You’ll recall my bad beat here. I had two more at the GBR in Reno that cost me about $600. But, last week, I was dealt pocket kings three hands in a row (won one, lost two but still came out ahead). Tuesday night, I was dealt 7/4 three times in a row. Each is probably as likely (though, I’d say two kings is slightly less likely due the fact that up to 8 cards make 7/4 but only four make KK – I could calculate it but that’s no fun) but only one amazed me.

The AP:

Nine states approved eminent-domain measures barring the government from taking private property for a private use.

And hats off to Arizona for being the only state not afraid of gay cooties.

And good for the poker lobby for unseating 15 term congressmonkey Jim Leach. Otis says:

In a race that Republicans ignored because they didn’t think it could be lost, in a race the national media ignored because they didn’t see it as a potential pick-up for Democrats, in a race that even the candidate didn’t think he could lose, Rep. James Leach (R-IA) lost his seat to a guy named Loebsack.

A lot of people I know, who ordinarily vote Republican, have said the one thing that will cause them to either 1) not vote or 2) vote for Democrats is, believe it or not, the recently passed poker bill. Tom expressed the same thing a while back but I can’t find the post because the search feature is busted. Seriously. They don’t like nannies from either side of the aisle. Now, it looks like the poker lobby has set their sites on political races. Good.

If America gave a rat’s ass what the world thought, we’d use the metric system.

The online poker ban is stupid. It had the effect of devastating a few British companies and the Brits aren’t taking it lying down. There will be a summit:

Britain’s culture secretary on Friday compared the U.S. crackdown on online gambling to the failed alcohol ban of the Prohibition as she prepared to host an international summit on Internet gambling next week.

Tessa Jowell warned that the U.S. ban on Internet gambling would make unregulated offshore sites the “modern equivalent of speakeasies,” illegal bars that opened in 1920s America when alcohol was banned.

U.S. Congress caught the gambling industry by surprise earlier this month when it added to an unrelated bill a provision that would make it illegal for banks and credit-card companies to settle payments for online gambling sites. President Bush signed the law Oct. 14.

The decision closed off the most lucrative region in a market worth $15.5 billion this year in “spend” value – the amount gambling companies win from their clients, or the amount gamblers lose.

First of all, Britain has a culture secretary? Well, it’s broken. Hope you kept a receipt.

As I said, it’s a stupid law and I agree with (shiver) British culture secretary. But I don’t really see the US government giving much of a damn about an international gambling summit.